In the last 24 hours the price of Chainlink (CRYPTO: LINK) rose 8.81% to $17.35; the positive trend recorded in the last week is confirmed, during which the cryptocurrency saw an increase of 8%, rising from $16.11 to its current price. The coin’s all-time high is currently $52.70.
The chart below compares Chainlink’s price movement and volatility over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger bands, which measure volatility for both daily and weekly price movements; the wider the bands or the larger the gray area at any given time, the greater the volatility.
In the last week the cryptocurrency’s trading volume recorded -25%, while its circulating supply increased by 0.47%; this data brings the circulating supply to 587.10 million coins, which is estimated to correspond to 58.71% of its maximum supply, equal to 1 billion coins. According to our data, LINK’s current ranking by market capitalization is #15 at $10.18 billion.
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